Written by Associated Press
Financial companies led a modest slide by stocks on Wall Street as a mixed batch of company earnings and declining bond yields weighed on the market.
The selling pulled every major sector lower on Tuesday, snapping a three-day winning streak for the S&P 500.
Banks took the biggest losses as investors reacted to another drop in long-term bond yields.
The yield on the 10-year Treasury note slipped to 1.55% from 1.59% late Monday.
Lower bond yields mean lower interest rates on loans and lower profits for banks. Bank of America dropped 2%.
The S&P 500 fell 23 points, or 0.8%, to 2,900.
The Dow Jones Industrial Average lost 173 points, or 0.7%, to 25,962. The Nasdaq fell 54 points, or 0.7%, to 7,948.